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The top documents tagged [estimated cost of goods]
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estimated cost of goods
Reporting And Analyzing Inventories
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Chapter Five Accounting for Inventories McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.
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Lower of Cost or Market (LCM) Inventory must be reported at lower of cost or market. Market is defined as current replacement cost (not sales price).
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Inventory Valuation at Other Than Cost
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